Peakstone Realty Trust price target lowered to $13 from $16 at Truist

Truist lowered the firm’s price target on Peakstone Realty Trust to $13 from $16 and keeps a Hold rating on the shares. Truist continues to see structural challenges in suburban office and believes there is heightened terminal risk in the sector, especially for the vacant buildings that Peakstone owns in the other segment, the analyst tells investors in a research note.